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Samsung's Woes Imperil Efforts
Of Korea to Build an Industry

By

Michael Schuman Staff Reporter of The Wall Street Journal

Updated Dec. 2, 1996 12:01 a.m. ET

SEOUL -- The Samsung Group said it remains interested in acquiring Dutch aircraft manufacturer NV Fokker, even though Samsung's bid -- and Korea's hopes to develop its own aviation industry -- apparently have been dealt a serious setback.

On Thursday, Fokker's receivers announced that liquidation seemed inevitable since months of talks with Samsung haven't produced a deal. Short Brothers PLC, a Northern Ireland subsidiary of Canada's...